Worker Bonuses News Today

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The expansion of the economy coincided right at the time when we got the tax cuts right at the time that we got reregulation. it pumped up the economy. tax cuts taking effect. unemployment came down. worker bonuses reached the highest levels ever. the cbo, the congressional bean counters basically they say wages are rising 25% faster under president trump than they did under president obama. pete: took a swipe at president obama. said we could have had this kind of growth but we didnt have these...

Street instead. how about workers? lets look at the numbers. worker bonuses and wages increased $6.7 billion. companies lavished investors with $375 billion by buying back their own stock. the latest example for you is apple. the tax bill made it cheaper to bring home $285 billion in foreign cash. it plans to reward investors with a record $100 billion. apple did give workers some mon money. $300 million in total bonuses. it spent 300 million times more on buy backs than bonusebonuses. for ameri...

The tax cut was it would lead to a surge of corporate investment and plant and equipment which would eventually push up wages. we are not seeing that. there is enough data already under the bridge for us to say that this is not playing out according to the story. this doesnt look like the story. this looks like the tax cut is a nothing burger with business investment. >> the tax bill slashed the corporate rate down to 21%. the republicans said that would create jobs. to a much greater degree, co...

Down playing worker bonuses that resulted from the new g.o.p. tax law. indiana congressman todd rokita introduces what he calls the crumbs act. an acronym now for creating relief and useful middle class benefits and savings. [laughter] >> harris: i guess thats not what she meant. no. it would make bonuses up to $2,500 tax-free a jab at nancy pelosi referring to such bonuses as crumbs. >> they they are giving i say crumbs they mock me in ads compared to the banquet they give at the high end. crum...